Tianjin Jinran Reports Decreased Net Loss of RMB 28.64M, EPS Drops to RMB -0.016

Reuters
Aug 29
Tianjin Jinran Reports Decreased Net Loss of RMB 28.64M, EPS Drops to RMB -0.016

Tianjin Jinran Public Utilities Co. Ltd. has released its interim results for the six months ended 30 June 2025. The company reported a net loss of RMB28.64 million, a decrease compared to the net loss of RMB22.13 million in the same period of the previous year. The total comprehensive income attributable to shareholders stood at a loss of RMB28.64 million, down from a loss of RMB22.13 million in the corresponding period last year. The Group continued its strategic focus on providing piped gas connections in Tianjin City and Jining District, Wulanchabu City, Inner Mongolia Autonomous Region. Sales of piped gas remained the primary source of income, followed by gas connections and other services. The total equity attributable to shareholders was approximately RMB1.356 billion as of 30 June 2025, a slight decline from RMB1.384 billion at the end of 2024. The company maintained its registered capital at RMB183.93 million, with the same number of ordinary shares in issue as in the previous period. The management is committed to promoting sustainable development by enhancing revenue-earning potential through value-added services and identifying new market opportunities while optimizing cost efficiency and streamlining operations.

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